16 Cedar Rd
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2016 | Sold | ||
| Sold | |||
| Jul 6, 2016 | Listed by Lamacchia Realty, Inc. | $229,900 | |
| Listed by Lamacchia Realty, Inc. | |||
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Great opportunity to own in Groton in this totally rehabbed property. New Tile kitchen with granite counter tops and stainless steel appliances. Spacious living room with new hardwood floor and cathedral ceiling. Large master bedroom on 2nd floor with sliders to deck overlooking private back yard. First floor office, new laundry, new tile bath, new roof, new septic and town water. Updated plumbing and electric. Farmers porch, garage, two driveways that can accommodate up to 8 cars. Close to walking trails and access to private association beach ($20 annually). All the work has been done - Just move in!!
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| Feb 16, 2016 | Sold | ||
| Sold | |||
| Nov 13, 2015 | Listed by LAER Realty Partners | $125,000 | |
| Listed by LAER Realty Partners | |||
| May 26, 2015 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017